Opendoor has made a big change at the top. The San Francisco-based proptech company announced Thursday that Chief Financial Officer Carrie Wheeler has become CEO, with Opendoor (Nasdaq: OPEN) CEO and co-founder Eric Wu transitioning to a new role as president, marketplace, effective immediately. "I am honored to have the opportunity to lead Opendoor as we transform the way to buy and sell real estate," Wheeler said in a press release.
This is a TikTok challenge you don’t want to get behind.
Less than a month after drastically lowering the prices of its vehicles, including the very popular Model 3 and Model Y, Tesla has just changed its policy. The base price of the Model Y Long Range is now $54,990, up from $53,490 a few hours ago. The base price of Model Y performance increased by 1.75% to $57,990 against $56,990 on Feb. 3.
Yes, there's math. No, it's not that hard.
Shares of C3.ai (NYSE: AI) rocketed 77.4% higher in January, according to data from S&P Global Market Intelligence. The artificial intelligence (AI) enterprise software provider is seeing increased enthusiasm from investors due to the hype around the new AI chatbots released by companies like Open AI. The company also just announced a partnership to integrate AI language models from companies like Open AI and Google into C3.ai's software applications, which investors took as a positive sign for the stock.
Americans born in the postwar boom are entering their golden years. Despite the financial success of their careers, a disturbing number aren’t prepared for the financial challenges ahead.
The 99-year-old investing legend has spoken.
Lower share prices are increasing dividend yields, and many of these dividend payers are solid companies that are earning enough to keep boosting those dividends even in this uncertain economy. Three dividend stocks that continue to increase their payouts despite lowered share prices are Life Storage (NYSE: LSI), Realty Income (NYSE: O), and Digital Realty Trust (NYSE: DLR).
These names have joined the ranks of the world's most elite dividend growth companies as Dividend Aristocrats and/or Dividend Kings.
Elon Musk's electric vehicle manufacturing company Tesla remains the U.S. leader in EV production and sales and has grand plans to ramp up production of its vehicles by the end of the decade. Tesla set a record in producing 1.37 million of EVs in 2022 and delivering 1.31 million, but Musk and the company are not satisfied with that volume. Tesla's four EV manufacturing plants located in the U.S, China and Germany currently have a combined 1.9 million units vehicle capacity, but will have to crank up development of several new manufacturing plants if it plans to reach Musk and Tesla's goal of producing 20 million EVs by 2030.
"The U.S. equity market remains undervalued, albeit much less undervalued than at the beginning of the year," he wrote in a commentary. As of Jan. 31, a composite of the 700-plus stocks listed on U.S. exchanges and covered by Morningstar indicated the market was 10% undervalued. "However, while we view the broad markets as undervalued for long-term investors, in the short term, we think the easy returns are behind us," Sekera said.
The year has started well for stock market investors, no doubt of that. The S&P 500 has jumped 9%, and the NASDAQ is up nearly 17%. While this doesn’t reverse last year’s losses, the gains, prompted by several releases of positive economic data, do indicate a shift to more positive investor sentiment. But there is always a voice of caution, and today it’s coming from JPMorgan strategist Marko Kolanovic, who warns that the stock rally likely won’t last – and that it has only postponed, not ended,
The stock market rally has signaled it's no bear uptrend. A jury found Tesla CEO Elon Musk not liable for 2018 "funding secured" tweets.
Are you prepared for “extraordinary measures”?
Headed into AMD's (NASDAQ: AMD) Q4 2022 earnings report, the burning question on investors' minds was whether Intel's (NASDAQ: INTC) disastrous financial update the week prior would bleed over onto AMD. The longer answer is a bit more nuanced, because the semiconductor industry (specifically the part dealing with PCs and laptops) is in the midst of one of the worst downturns in decades. First, data centers (the computing units for the cloud, AI, and high-performance business computing of all kinds) are a secular growth trend that is propelling the semiconductor industry higher.
There are plenty of ways to minimize your tax liability and that’s especially true when you have worked hard to sock away retirement money. Tax advisors are constantly searching for new ways to avoid paying taxes on IRA withdrawals. There … Continue reading → The post How Can I Avoid Paying Taxes on IRA Withdrawals? appeared first on SmartAsset Blog.
The billionaire was just acquitted by a San Francisco jury in a civil trial over his 2018 tweets saying he was going to take Tesla private and that he had secured funding for it.
These two semiconductor investors are back to discuss some significant tailwinds for various chip stocks.
On Wednesday afternoon Federal Reserve Chairman Jerome Powell said over and over again: We’re not done raising interest rates. Wall Street didn’t listen. January’s blowout jobs report, posted Friday morning, showed nonfarm payrolls rose by nearly three times as much as economists had been expecting.
The Oracle of Omaha has spent over $63 billion since mid-2018 buying a stock that doesn't show up in Berkshire Hathaway's 13F filings or investment portfolio.
Yahoo Finance 
Yahoo Finance Plus